api 510 practice exam question from casti-guide-for-api-510-2010
DESCRIPTION
bnhgytTRANSCRIPT
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'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
%4-4VEGXMGI)\EQ5YIWXMSRW
-RWXVYGXMSRW'LSSWIXLIQSWXGSVVIGXERW[IVJSVIEGLUYIWXMSR=SYQE]SRP]GLSSWISRIERW[IVJSVIEGLUYIWXMSR
8LI%4-%71)'SHIJSV9RJMVIH4VIWWYVI:IWWIPW[EWJMVWXTYFPMWLIHMR[LEX]IEV#E F G H
;LIRHSIW%4-ETTP]XSEPPVIJMRMRKERHGLIQMGEPTVSGIWWZIWWIPW#E EJXIVJMREPJEFVMGEXMSRMRWTIGXMSRTVMSVXSMRWXEPPEXMSRF SRGIVIGIMZIHSRXLITPERXWMXIG [LIRXLI]LEZIFIIRTPEGIHMRWIVZMGIH QSRXLWEJXIVFIMRKGSQQMWWMSRIH
-JERMRWIVZMGITVIWWYVIZIWWIPGERRSXJSPPS[XLI%71)'SHIFIGEYWISJMXWRI[GSRWXVYGXMSRSVMIRXEXMSRVIUYMVIQIRXWJSVHIWMKRQEXIVMEPJEFVMGEXMSRLS[WLEPPXLI'SHIMRWTIGXMSRGSRJSVQERGIFIGEVVMIHSYX#
E MRWTIGXMSRWLEPPFIQSHMJMIHXSWYMXXLI%71)'SHIMREGGSVHERGI[MXLXLIMRWTIGXMSRTPER
F MRWTIGXMSRWLEPPFIQSHMJMIHXSWYMXXLI%71)'SHIMREGGSVHERGI[MXLXLIMRWTIGXMSRTPER[MXLXLIS[RIVYWIVWETTVSZEP
G MRWTIGXMSRWLEPPFIQSHMJMIHXSWYMXXLI%71)'SHIMREGGSVHERGI[MXLXLIMRWTIGXMSRTPER[MXLXLIS[RIVYWIVWERHIRKMRIIVWETTVSZEP
H MRWTIGXMSRWLEPPGSRJSVQXS%4-VEXLIVXLERXSXLI%71)'SHI
;LMGLSJXLIJSPPS[MRKMWVIUYMVIHF]XLIS[RIVYWIVXSIQTPS]SVLEZIEGGIWWXSFIJSVIFIMRKEFPIXSETTP]%4-#
E ERIRKMRIIVF E[IPHIVG ETMTIJMXXIVH EQEMRXIRERGIWYTIVZMWSV
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'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
-JXLIVIUYMVIQIRXWSJ%4-EVIQSVIWXVMRKIRXXLERXLIVIUYMVIQIRXWSJTVIZEMPMRKVIKYPEXMSR[LMGLVIUYMVIQIRXWWLEPPKSZIVR#
E %4-F XLITVIZEMPMRKVIKYPEXMSRWG 2&-'2&H EPPSJXLIEFSZI
;LMGLSJXLIJSPPS[MRKHIWMKREXMSRWMWXLIJMXRIWWJSVWIVZMGIVIGSQQIRHIHTVEGXMGI#E 64F 64G 64H 64
;LEXMWXLIGSVVIGXXMXPIJSV2%')64#E 1IXLSHWERH'SRXVSPWXS4VIZIRX-R7IVZMGI)RZMVSRQIRXEP'VEGOMRKSJ'EVFSR7XIIP
;IPHQIRXW-R'SVVSWMZI4IXVSPIYQ6IJMRMRK)RZMVSRQIRXWF 1EXIVMEPW6IWMWXERXXS7YPJMHI7XVIWW'VEGOMRKMR'SVVSWMZI4IXVSPIYQ6IJMRMRK
)RZMVSRQIRXWG 2EXMSREP&SEVH-RWTIGXMSR'SHIH 'LEPPIRKIWERH7SPYXMSRWMR6ITEMV;IPHMRKJSV4S[IVERH4VSGIWWMRK4PERXW
-REGGSVHERGI[MXL%4-[LEXMWEREPXIVEXMSR#E EQEMRXIRERGIVITEMVMRER]GSQTSRIRXXLEXQE]SVQE]RSXEJJIGXXLITVIWWYVI
GSRXEMRMRKGETEFMPMX]SJETVIWWYVIZIWWIPFI]SRHXLIWGSTIHIWGVMFIHMRI\MWXMRKHEXEVITSVXW
F ETL]WMGEPGLERKIMRER]GSQTSRIRXXLEXLEWHIWMKRMQTPMGEXMSRWXLEXEJJIGXXLITVIWWYVIGSRXEMRMRKGETEFMPMX]SJETVIWWYVIZIWWIPFI]SRHXLIWGSTIHIWGVMFIHMRI\MWXMRKHEXEVITSVXW
G EQEMRXIRERGIVITEMVXLEXMRZSPZIWVITPEGMRKPMOIGSQTSRIRXWH EQEMRXIRERGIVITEMVXLEXMRZSPZIWVITPEGMRKPMOIGSQTSRIRXW[MXLEQSVIGSVVSWMSR
VIWMWXERXQEXIVMEP
-REGGSVHERGI[MXL%4-GERERI\EQMRIVIZEPYEXIXLIVIWYPXWSJXLIMVRSRHIWXVYGXMZII\EQMREXMSRW#
E RSSRP]%4-GIVXMJMIHMRWTIGXSVWGERIZEPYEXI2()VIWYPXWF ]IWTVSZMHIHXLII\EQMRIVMWWTIGMJMGEPP]XVEMRIHERHEYXLSVM^IHXSHSWSF]XLI
S[RIVYWIVG ]IWTVSZMHIHXLII\EQMRIVMWWTIGMJMGEPP]XVEMRIHERHEYXLSVM^IHXSHSWSF]E
GIVXMJMGEXMSRFSH]WYGLEW%728H ]IWTVSZMHIHXLIVIWYPXWEVIIZEPYEXIH[MXLEREYXLSVM^IHMRWTIGXSV
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'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LEXMWUYEPMX]EWWYVERGI#E EPPTPERRIHW]WXIQEXMGERHTVIZIRXEXMZIEGXMSRWVIUYMVIHXSHIXIVQMRIMJQEXIVMEPW
IUYMTQIRXSVWIVZMGIW[MPPQIIXWTIGMJMIHVIUYMVIQIRXWWSXLEXIUYMTQIRX[MPPTIVJSVQWEXMWJEGXSVMP]MRWIVZMGI
F EPPMRWTIGXMSREGXMSRWVIUYMVIHXSHIXIVQMRIMJQEXIVMEPWIUYMTQIRXSVWIVZMGIW[MPPQIIXWTIGMJMIHVIUYMVIQIRXWWSXLEXIUYMTQIRX[MPPTIVJSVQWEXMWJEGXSVMP]MRWIVZMGI
G EPPIRKMRIIVMRKEGXMSRWVIUYMVIHXSHIXIVQMRIMJQEXIVMEPWIUYMTQIRXSVWIVZMGIW[MPPQIIXWTIGMJMIHVIUYMVIQIRXWWSXLEXIUYMTQIRX[MPPTIVJSVQWEXMWJEGXSVMP]MRWIVZMGI
H EPPHSGYQIRXIHEGXMSRWVIUYMVIHXSHIXIVQMRIMJQEXIVMEPWIUYMTQIRXSVWIVZMGIW[MPPQIIXWTIGMJMIHVIUYMVIQIRXWWSXLEXIUYMTQIRX[MPPTIVJSVQWEXMWJEGXSVMP]MRWIVZMGI
;LIRIWXEFPMWLMRKXLIVIUYMVIHXLMGORIWWSJETVIWWYVIZIWWIP[LEXX]TISJPSEHMRKRIIHWXSFIGSRWMHIVIHMRXLIHIWMKRGEPGYPEXMSRW#
E TVIWWYVIPSEHMRKWF QIGLERMGEPPSEHMRKWG WXVYGXYVEPPSEHMRKWH EPPSJXLIEFSZI
;LSMWVIWTSRWMFPIJSVSZIVEPPGSRXVSPSJ%4-EGXMZMXMIWVIPEXMRKXSXLIMRWIVZMGIMRWTIGXMSRVITEMVEPXIVEXMSRERHVIVEXMRKSJTVIWWYVIZIWWIPWERHTVIWWYVIVIPMIZMRKHIZMGIW#
E XLIMRWTIGXSVF XLIS[RIVYWIVG XLIIRKMRIIVH XLIVITEMVSVKERM^EXMSR
;LMGLSJXLIJSPPS[MRKMWVIUYMVIHXSFIMRXLIUYEPMX]EWWYVERGIMRWTIGXMSRVITEMVQEREKIQIRXW]WXIQ#
E SVKERM^EXMSRERHVITSVXMRKWXVYGXYVIJSVMRWTIGXMSRTIVWSRRIPF HSGYQIRXMRKSJMRWTIGXMSRERHUYEPMX]EWWYVERGITVSGIHYVIWG HSGYQIRXMRKERHVITSVXMRKMRWTIGXMSRERHXIWXVIWYPXWH EPPSJXLIEFSZI
;LIVIWLEPPXLI%4-S[RIVYWIVSVKERM^EXMSRTVIWWYVIZIWWIPMRWTIGXMSRW]WXIQWERHVITEMVTVSGIHYVIWFITPEGIH#
E MRE5%5'QERYEPF MRXLIVIPMEFMPMX]QEREKIQIRXW]WXIQG MRXLIIRKMRIIVMRKQEREKIQIRXW]WXIQH MREUYEPMX]EWWYVERGIMRWTIGXMSRVITEMVQEREKIQIRXW]WXIQ
;LMGLSJXLIJSPPS[MRKMWRSXVIUYMVIHJSVETIVWSRXSFIER%4-I\EQMRIV#E ER%4-MRWTIGXSVGIVXMJMGEXMSRF ERIQTPS]IISJXLIS[RIVYWIVG ERIQTPS]IISJXLIVITEMVSVKERM^EXMSRH EPPSJXLIEFSZI
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'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LSWLEPPQEMRXEMRGIVXMJMGEXMSRVIGSVHWSJXLII\EQMRIVWIQTPS]IHXSTIVJSVQ%4-[SVOMRGPYHMRKHEXIWERHVIWYPXWSJTIVWSRRIPUYEPMJMGEXMSRW#
E XLII\EQMRIVvWIQTPS]IVF XLIMRWTIGXSVvWIQTPS]IVG XLIS[RIVYWIVH %728
*SVSTIVEXMRKQEMRXIRERGISVSXLIVTIVWSRRIP[SVOMRKMRER%4-JEGMPMX][LSLEZIWTIGMEPORS[PIHKIVIPEXIHXSTEVXMGYPEVTVIWWYVIZIWWIPW[LEXVIWTSRWMFMPMX]WLEPPXLI]YRHIVXEOI#
E JSVQEOMRKXLIMRWTIGXMSRHITEVXQIRXE[EVISJHEMP]STIVEXMRKGSRHMXMSRWF JSVQEOMRKXLIMRWTIGXMSRHITEVXQIRXE[EVISJVSYXMRISTIVEXMRKHEXEG JSVTVSQTXP]QEOMRKXLIMRWTIGXSVSVIRKMRIIVE[EVISJER]YRYWYEPGSRHMXMSRWXLEXQE]
HIZIPSTH EERHF
;LIRWLEPPEGSVVSWMSRWTIGMEPMWXFIGSRWYPXIH[LIRHIZIPSTMRKXLIMRWTIGXMSRTPER#E [LIRGSVVSWMSRMWXLISRP]HEQEKIQIGLERMWQXSSGGYVF [LIRRIIHIHXSGPEVMJ]TSXIRXMEPHEQEKIQIGLERMWQWERHWTIGMJMGPSGEXMSRW[LIVIXLI]
QE]SGGYVG [LIRGSVVSWMSRHEXEMWVIUYMVIHH [LIRGSVVSWMSRVEXIWEVIYRORS[R
;LEXWLEPPXLIQIXLSHWERHXLII\XIRXSJ2()JSV%4-IUYMTQIRXIZEPYEXI#E XSEWWYVIXLI]MHIRXMJ]XLIPSWWSJ[EPPXLMGORIWWF XSEWWYVIXLI]MHIRXMJ]XLIPSWWSJ[EPPXLMGORIWWERHPMRIEVHIJIGXWWYGLEWGVEGOMRKG XSEWWYVIXLI]GEREHIUYEXIP]MHIRXMJ]XLIHEQEKIQIGLERMWQERHXLIWIZIVMX]SJ
HEQEKIH XSEWWYVIXLI]MHIRXMJ]EPPGSVVSWMSRQIGLERMWQWERHXLIMVWIZIVMX]
;LEXMWRSXVIUYMVIHXSFIGSRWMHIVIHJSV%4-I\EQMREXMSRWHYVMRKWGLIHYPIHMRXIVZEPW#E XSPIVERGISJXLIIUYMTQIRXXSXLIX]TISJHEQEKIF TVSFEFMPMX]SJXLI2()QIXLSHXSMHIRXMJ]XLIHEQEKIG QE\MQYQMRXIVZEPWEWHIJMRIHMRGSHIWERHWXERHEVHWH XLIGIVXMJMGEXMSRPIZIPSJXLII\EQMRIV
;LEXWLEPPXLIMRWTIGXMSRTPERGSRXEMRXSEWWYVIXLIQIGLERMGEPMRXIKVMX]SJ%4-IUYMTQIRX#
E XLIMRWTIGXMSRXEWOWVIUYMVIHXSQSRMXSVHEQEKIQIGLERMWQWF XLIMRWTIGXMSRXEWOWERHWGLIHYPIVIUYMVIHXSQSRMXSVHEQEKIQIGLERMWQWG XLIMRWTIGXMSRXEWOWVIUYMVIHXSQSRMXSVHEQEKIQIGLERMWQWJSVVITEMVEXXLIRI\X
MRWTIGXMSRMRXIVZEPH XLIMRWTIGXMSRXEWOWVIUYMVIHXSQSRMXSVHEQEKIQIGLERMWQWJSVVITEMVEXXLIRI\X
WLYXHS[RMRXIVZEP
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LMGLSJXLIJSPPS[MRKMWRSXVIUYMVIHXSFIETEVXSJER%4-MRWTIGXMSRTPER#E HIWGVMFIXLIMRWTIGXSVWPIZIPSJ2()GIVXMJMGEXMSRF HIWGVMFIXLIWYVJEGIGPIERMRKVIUYMVIQIRXWRIIHIHJSVMRWTIGXMSRERHI\EQMREXMSRWG HIWGVMFIXLIVIUYMVIQIRXWSJER]RIIHIHTVIWWYVIXIWXH EPPSJXLIEFSZI
;LEXVIGSQQIRHIHTVEGXMGIWLSYPHFIJSPPS[IHJSVETVSFEFMPMX]EWWIWWQIRXSJTVIWWYVIZIWWIPIUYMTQIRX#
E %4-F %4-G %4-H %4-
;LEXX]TISJEWWIWWQIRXGERERMRWTIGXSVTIVJSVQXSIWXEFPMWLETVIWWYVIZIWWIPMRWTIGXMSRTPERERHFIXXIVHIJMRIXLIQSWXETTVSTVMEXIMRWTIGXMSRERH2()QIXLSHWXSSPWERHXIGLRMUYIW#
E ER6&-EWWIWWQIRXF EJMXRIWWJSVWIVZMGIEWWIWWQIRXG ETVSFEFMPMX]EWWIWWQIRXH EGSRWIUYIRGIEWWIWWQIRX
8LITVIZIRXMSRERHQMXMKEXMSRWXITWXSVIHYGIXLITVSFEFMPMX]ERHGSRWIUYIRGISJEZIWWIPJEMPYVIIKVITEMVWTVSGIWWGLERKIWMRLMFMXSVWIXGMWETEVXSJ[LEXX]TISJEWWIWWQIRX#
E EJMXRIWWJSVWIVZMGIEWWIWWQIRXF ETVSFEFMPMX]EWWIWWQIRXG EGSRWIUYIRGIEWWIWWQIRXH ER6&-EWWIWWQIRX
;LIR6&-EWWIWWQIRXWEVIYWIHXSWIXZIWWIPMRWTIGXMSRMRXIVZEPWLS[SJXIRWLEPPXLIEWWIWWQIRXFIYTHEXIH#
E EJXIVIEGLZIWWIPMRWTIGXMSRF EJXIVIEGLZIWWIPMRWTIGXMSR[LIRWMKRMJMGERXMRJSVQEXMSRMWHMWGSZIVIHG EXIEGLLEPJPMJIMRXIVZEPSV]IEVW[LMGLIZIVMWPIWWH EJXIV]IEVW
&IJSVIIRXIVMRKEZIWWIPJSVMRWTIGXMSRMRHMZMHYEPWQYWXSFXEMRTIVQMWWMSRJVSQ[LSQ#E VIWTSRWMFPISTIVEXMRKTIVWSRRIPF VIWTSRWMFPIQEMRXIRERGITIVWSRRIPG JVSQXLIWIRMSVMRWTIGXSVH JVSQXLIVITEMVSVKERM^EXMSR
;LMGLSJXLIJSPPS[MRKHEQEKIQIGLERMWQW[MPPVIWYPXMRKIRIVEPSVPSGEPQIXEPPSWW#E RETLXLIRMGEGMHGSVVSWMSRF JEXMKYIG GEYWXMGWXVIWWGSVVSWMSRGVEGOMRKH WYPJMHIWXVIWWGSVVSWMSRGVEGOMRK
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LMGLSJXLIJSPPS[MRKHEQEKIQIGLERMWQW[MPPVIWYPXMRHMQIRWMSREPGLERKIW#E GVIITERHWXVIWWVYTXYVIF FVMXXPIJVEGXYVIG JEXMKYIH EPPSJXLIEFSZI
;LIRSTIVEXMRKZIWWIPWEVIIUYMTTIH[MXLVIQSZEFPIMRXIVREPWEVIXLI]VIUYMVIHXSFIVIQSZIHGSQTPIXIP]JSVMRXIVREPMRWTIGXMSR#
E MRXIVREPWRIIHRSXFIVIQSZIHGSQTPIXIP]EWPSRKEWVIEWSREFPIEWWYVERGII\MWXWXLEXHEQEKIMRVIKMSRWVIRHIVIHMREGGIWWMFPIF]XLIMRXIVREPWMWRSXSGGYVVMRKXSERI\XIRXFI]SRHXLEXJSYRHMRQSVIEGGIWWMFPITEVXWSJXLIZIWWIP
F MRXIVREPWRIIHRSXFIVIQSZIHGSQTPIXIP]TVSZMHIH2()MWTIVJSVQIHSRWYWTIGXIHHEQEKIVIKMSRW
G MRXIVREPWRIIHRSXFIVIQSZIHGSQTPIXIP]TVSZMHIH2()MWTIVJSVQIHSRVIKMSRWXLEXLEZIXLILMKLIWXTSXIRXMEPJSVHEQEKIFEWIHSRTEWXLMWXSV]SVWMQMPEVX]TIWSJZIWWIPW
H MRXIVREPWEVIVIUYMVIHXSFIGSQTPIXIP]VIQSZIHHYVMRKEPPMRWTIGXMSRMRXIVZEPW
,S[MWXLIGSVVSWMSRVEXIMRJSVQEXMSRJSVFYVMIHZIWWIPSFXEMRIHJSVIWXEFPMWLMRKMXWMRWTIGXMSRMRXIVZEP#
E HYVMRKQEMRXIRERGIEGXMZMX]SRGSRRIGXMRKTMTMRKSJWMQMPEVQEXIVMEPF JVSQXLIMRXIVZEPI\EQMREXMSRSJWMQMPEVP]FYVMIHGSVVSWMSRXIWXGSYTSRWSJPMOIQEXIVMEPG JVSQVITVIWIRXEXMZITSVXMSRWSJXLIEGXYEPZIWWIPH EPPSJXLIEFSZI
;LEXJSVQSJGSVVSWMSRHSIW'9-YWYEPP]GEYWI[MXLGEVFSRERHPS[EPPS]WXIIPW#E PSGEPM^IHGSVVSWMSRF IVSWMSRGSVVSWMSRG GVIZMGIGSVVSWMSRH WXVIWWGSVVSWMSRGVEGOMRK
%RMRWTIGXSVRSXMGIWEREVIESJ'9-SRERMRWYPEXIHTVIWWYVIZIWWIPHYVMRKEWLYXHS[R;LEXWLSYPHFIHSRI#
E XLIMRWTIGXSVWLSYPHLEZIEPPSJXLIMRWYPEXMSRVIQSZIHXSMRWTIGXEPPEVIEWSRXLIZIWWIPF XLIMRWTIGXSVWLSYPHLEZISJXLIMRWYPEXMSRVIQSZIHXSMRWTIGXJSVQSVI'9-G XLIMRWTIGXSVWLSYPHEPPSJXLIZIWWIPXLIVQSKVETLMGEPP]MRWTIGXIHJSV'9-H XLIMRWTIGXSVWLSYPHMRWTIGXSXLIVWYWGITXMFPIEVIEWSRXLIZIWWIP
%PXLSYKLI\XIVREPMRWYPEXMSRSREZIWWIPQE]ETTIEVXSFIMRKSSHGSRHMXMSR'9-HEQEKIQE]WXMPPFISGGYVVMRK;LEX[SYPHRSXFIGSRWMHIVIHJSVMRWYPEXMSRVIQSZEPMJ'9-MWWYWTIGXIHSREGSEXIHZIWWIP#
E MJIUYMTQIRXMWMRMRXIVQMXXIRXWIVZMGIF GSRHMXMSREKISJXLII\XIVREPGSEXMRKG XLIXLMGORIWWSJXLIMRWYPEXMSRH IZMHIRGISJJPYMHPIEOEKI
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
4VIWWYVIZIWWIPW[MXLLMKLTSXIRXMEPGSRWIUYIRGIWMJJEMPYVIWLSYPHSGGYVERHXLSWIWYFNIGXXSLMKLIVGSVVSWMSRVEXIWPSGEPM^IHGSVVSWMSRERHLMKLVEXIWSJHEQEKIJVSQSXLIVQIGLERMWQW[MPPRSVQEPP]LEZIQSVI'10WERHFIQSRMXSVIHQSVIJVIUYIRXP],S[MWXLIVEXISJGSVVSWMSRHEQEKIHIXIVQMRIHMRXLIWIGSRHMXMSRW#
E JVSQWYGGIWWMZIXLMGORIWWQIEWYVIQIRXWERHVIGEPGYPEXMSRSJXLIWLSVXXIVQGSVVSWMSRVEXI
F JVSQWYGGIWWMZIXLMGORIWWQIEWYVIQIRXWERHVIGEPGYPEXMSRSJXLIPSRKXIVQGSVVSWMSRVEXI
G JVSQWYGGIWWMZIXLMGORIWWQIEWYVIQIRXWERHVIGEPGYPEXMSRSJXLIWLSVXERHPSRKXIVQGSVVSWMSRVEXIW
H JVSQWYGGIWWMZIQIEWYVIQIRXWERHXLIRI\XMRWTIGXMSRMRXIVZEPETTVSTVMEXIP]IWXEFPMWLIH
;LEXWLSYPHFIGSRWMHIVIH[LIRIWXEFPMWLMRK'10JVSQXLIVIWYPXWSJTVIZMSYWMRWTIGXMSRWXLITEXXIVRWSJGSVVSWMSRERHHEQEKIXLEXEVII\TIGXIHERHXLITSXIRXMEPGSRWIUYIRGISJPSWWSJGSRXEMRQIRX#
E XLIX]TISJ'10F XLIRYQFIVSJ'10WG XLIPSGEXMSRSJXLI'10WH EPPSJXLIEFSZI
;LIRQE]'10WWYFWXERXMEPP]VIHYGIHSRETVIWWYVIZIWWIP#E [LIRXLITVSFEFMPMX]SJJEMPYVIMWPS[F [LIRXLIGSRWIUYIRGISJJEMPYVIMWPS[G [LIRXLITVSFEFMPMX]ERHXLIGSRWIUYIRGISJJEMPYVIEVIPS[H [LIRXLITVSFEFMPMX]SVXLIGSRWIUYIRGISJJEMPYVIMWPS[ERHEGSVVSWMSRWTIGMEPMWXMW
GSRWYPXIH
;LEXMWXLIQMRMQYQL]HVSWXEXMGXIWXTVIWWYVIJSVZIWWIPWXLEXLEZIFIIRVIVEXIHYWMRKXLIHIWMKREPPS[EFPIWXVIWWTYFPMWLIHMRXLIEHHIRHYQSVPEXIVSJ%71)7IGXMSR:---(MZMWMSR#
E SJ1%;4F SJ1%;4ERHGSVVIGXIHJSVXIQTIVEXYVIG SJ1%;4ERHGSVVIGXIHJSVXIQTIVEXYVIH SJ1%;4
;LEXWLSYPHFIHSRI[LIREL]HVSWXEXMGTVIWWYVIXIWXMWXSFIGSRHYGXIHSREZIWWIPMR[LMGLXLIXIWXTVIWWYVI[MPPI\GIIHXLIWIXTVIWWYVISJXLITVIWWYVIVIPMIZMRKHIZMGIW#
E XLITVIWWYVIVIPMIZMRKHIZMGIWWLSYPHFIVIQSZIHF YWIXIWXGPEQTWXSLSPHHS[RXLIZEPZIHMWOWG TVIWWYVIKEYKIWXLEXQE]FIMRGETEFPISJ[MXLWXERHMRKXLIXIWXTVIWWYVIWLSYPHFI
VIQSZIHSVFPEROIHSJJH EPPSJXLIEFSZI
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
%JXIVVIVEXMRKEZIWWIPERHMXMWHIIQIHXLEXETVIWWYVIXIWXMWVIUYMVIH[L][SYPHEZIWWIPTRIYQEXMGTVIWWYVIXIWXFIYWIH#
E [LIRL]HVSWXEXMGXIWXMRKMWMQTVEGXMGEFPIFIGEYWISJPMQMXIHWYTTSVXMRKWXVYGXYVISVJSYRHEXMSR
F [LIRL]HVSWXEXMGXIWXMRKMWMQTVEGXMGEFPIFIGEYWISJVIJVEGXSV]PMRMRKWG [LIRL]HVSWXEXMGXIWXMRKMWMQTVEGXMGEFPIFIGEYWISJTVSGIWWVIEWSRWH EPPSJXLIEFSZI
8SQMRMQM^IXLIVMWOSJFVMXXPIJVEGXYVIMRERSTIVEXMSREPZIWWIPHYVMRKETVIWWYVIXIWXEJXIVEVITEMV[LEXQIXEPXIQTIVEXYVIWLSYPHFIQEMRXEMRIHHYVMRKXLITVIWWYVIXIWXJSVEZIWWIPXLMGORIWWSJMRGL#
E EXPIEWX*EFSZIXLI1(18F EXPIEWX*EFSZIXLI1(18G EXPIEWX*EFSZIXLI1(18H EXPIEWX*EFSZIXLI1(18
;LIRETTVSTVMEXI2()MWWYFWXMXYXIHJSVETVIWWYVIXIWXEJXIVEQENSVVITEMVSVEPXIVEXMSRMREGGSVHERGI[MXL%4-[LEXETTVSZEPMWVIUYMVIH#
E XLIIRKMRIIVERHMRWTIGXSVQYWXETTVSZIXLIWYFWXMXYXMRK2()TVSGIHYVIWF XLIS[RIVYWIVWLEPPQEOIXLIJMREPETTVSZEPG XLIMRWTIGXSVQYWXETTVSZIXLIWYFWXMXYXMRK2()TVSGIHYVIWH XLIIRKMRIIVQYWXETTVSZIXLIWYFWXMXYXMRK2()TVSGIHYVIW
(YVMRKVITEMVWSVEPXIVEXMSRWSJTVIWWYVIZIWWIPW[LIRERMRWTIGXSVSVI\EQMRIVZIVMJMIWRI[QEXIVMEPWEVIGSRWMWXIRX[MXLXLIWTIGMJMGEXMSRW[LEXMWXLIWEQTPMRKWM^IJSVXLMWEWWIWWQIRX#
E ZIVMJMGEXMSRGLIGOMRKF F]WEQTPMRKETIVGIRXEKISJXLIQEXIVMEPWMRGVMXMGEPWMXYEXMSRWG ZIVMJMGEXMSRGLIGOMRKSVF]WEQTPMRKETIVGIRXEKISJXLIQEXIVMEPWMRGVMXMGEP
WMXYEXMSRWH ZIVMJMGEXMSRGLIGOMRKSVF]WEQTPMRKETIVGIRXEKISJXLIQEXIVMEPWMRGVMXMGEP
WMXYEXMSRW
;LSWLEPPEWWIWWTVIJIVIRXMEP[IPHGSVVSWMSRMRERSTIVEXMRKTVIWWYVIZIWWIP#E XLIMRWTIGXSVF XLIIRKMRIIVG GSVVSWMSRWTIGMEPMWXH ERIRKMRIIVERHSVGSVVSWMSRWTIGMEPMWX
4VIWWYVIZIWWIPWWLEPPFIMRWTIGXIHF]ERMRWTIGXSVEXXLIXMQISJMRWXEPPEXMSRERHEWEQMRMQYQWLSYPHMRGPYHI[LMGLSJJSPPS[MRK#
E ZIVMJ]XLIREQITPEXIMRJSVQEXMSRMWGSVVIGXTIVXLIQERYJEGXYVIVWHEXEVITSVXWERHHIWMKRVIUYMVIQIRXW
F ZIVMJ]IUYMTQIRXMWMRWXEPPIHGSVVIGXP]G ZIVMJ]TVIWWYVIVIPMIZMRKHIZMGIWEVIWIXXSGSVVIGXTVIWWYVIERHEVITVSTIVP]MRWXEPPIHH EPPSJXLIEFSZI
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
9RHIV[LEXGSRHMXMSRWQE]E6&-MRXIVZEPJSVMRXIVREPSVSRWXVIEQMRWTIGXMSRI\GIIHXLI]IEVPMQMX#
E [LIRVIZMI[IHERHETTVSZIHF]XLIIRKMRIIVERHMRWTIGXSVF [LIRVIZMI[IHERHETTVSZIHF]XLIIRKMRIIVERHMRWTIGXSVEXMRXIVZEPWRSXXSI\GIIH
]IEVWG [LIRVIZMI[IHERHETTVSZIHF]XLIIRKMRIIVERHMRWTIGXSVEXMRXIVZEPWRSXXSI\GIIH
]IEVWSVQSVISJXIRMJ[EVVERXIHF]TVSGIWWIUYMTQIRXSVGSRWIUYIRGIGLERKIWH ER6&-MRXIVZEPGERRSXI\GIIHXLI]IEVPMQMXJSVMRXIVREPSVSRWXVIEQMRWTIGXMSR
YRHIVER]GSRHMXMSRW
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
,S[MWXLII\XIVREPMRWTIGXMSRMRXIVZEPIWXEFPMWLIHJSVEREFSZIKVSYRHZIWWIP#E XLIMRXIVZEPMWIWXEFPMWLIHF]XLIMRWTIGXSVMREGGSVHERGI[MXLXLIS[RIVYWIVvWUYEPMX]
EWWYVERGIW]WXIQF XLIMRXIVZEPMWIWXEFPMWLIHF]XLIIRKMRIIVMREGGSVHERGI[MXLXLIS[RIVYWIVvWUYEPMX]
EWWYVERGIW]WXIQG XLIMRXIVZEPMWIWXEFPMWLIHF]XLIMRWTIGXSVSVIRKMRIIVMREGGSVHERGI[MXLXLI
S[RIVYWIVvWUYEPMX]EWWYVERGIW]WXIQH XLIMRXIVZEPMWIWXEFPMWLIHF]XLIMRWTIGXSV
,S[MWXLIMRXIVREPSVSRWXVIEQMRWTIGXMSRMRXIVZEPIWXEFPMWLIH#E XLIMRXIVZEPMWIWXEFPMWLIHF]XLIMRWTIGXSVMREGGSVHERGI[MXLXLIS[RIVYWIVvWUYEPMX]
EWWYVERGIW]WXIQF XLIMRXIVZEPMWIWXEFPMWLIHF]XLIIRKMRIIVMREGGSVHERGI[MXLXLIS[RIVYWIVvWUYEPMX]
EWWYVERGIW]WXIQG XLIMRXIVZEPMWIWXEFPMWLIHF]XLIMRWTIGXSVSVIRKMRIIVMREGGSVHERGI[MXLXLI
S[RIVYWIVvWUYEPMX]EWWYVERGIW]WXIQH XLIMRXIVZEPMWIWXEFPMWLIHF]XLIMRWTIGXSV
%TVIWWYVIZIWWIPMWHIXIVQMRIHXSLEZIEVIQEMRMRKPMJISJ]IEVW;LIRMWXLIRI\XMRWTIGXMSRMRXIVZEP#
E ]IEVWF ]IEVWG ]IEVWH ]IEVW
;LSQE]HIGMHIMJERSRWXVIEQMRWTIGXMSRQE]FIWYFWXMXYXIHJSVXLIMRXIVREPMRWTIGXMSR#E XLIMRWTIGXSVF XLIIRKMRIIVG GSVVSWMSRWTIGMEPMWXH ERIRKMRIIVERHSVGSVVSWMSRWTIGMEPMWX
;LMGLSJXLIJSPPS[MRK[SYPHEPPS[JSVWYFWXMXYXMRKSRWXVIEQMRWTIGXMSRJSVXLIMRXIVREPMRWTIGXMSR#
E [LIRXLIWYGGIWWJYPVIWYPXWSJERMRXIVREPP]MRWTIGXIHZIWWIPEVIYWIHSREWMQMPEVTVIWWYVIZIWWIPSTIVEXMRK[MXLMRXLIWEQISVWMQMPEVWIVZMGIERHGSRHMXMSRW
F [LIRXLIZIWWIPVIQEMRMRKPMJIMWKVIEXIVXLER]IEVWG [LIRXLIGSVVSWMZIGLEVEGXIVSJXLIGSRXIRXWMRGPYHMRKXLIIJJIGXSJXVEGIGSQTSRIRXW
LEWFIIRIWXEFPMWLIHF]EXPIEWXJMZI]IEVWSJXLIWEQISVWMQMPEVWIVZMGIH EPPSJXLIEFSZI
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
*SVEPEVKIZIWWIP[MXLX[S^SRIWSJHMJJIVMRKGSVVSWMSRVEXIWLS[WLEPPIEGL^SRIFIMRWTIGXIHERH[LEXMWXLIFEWMWJSVXLIMRWTIGXMSRMRXIVZEP#
E IEGL^SRIWLEPPFIMRWTIGXIHFEWIHSRXLIMRXIVZEPJSVXLEX^SRIF FSXL^SRIWQE]FIMRWTIGXIHMRHITIRHIRXP]FEWIHSRXLIPS[IVMRXIVZEPG IMXLIV^SRIQE]FIMRWTIGXIHFEWIHSRXLIPS[IVMRXIVZEPXSFIVITVIWIRXEXMZIJSVXLI
IRXMVIZIWWIPH IMXLIV^SRIWLEPPFIMRWTIGXIHFEWIHSRIMXLIVSJXLIX[SMRXIVZEPWXSFIVITVIWIRXEXMZI
JSVXLIIRXMVIZIWWIP
,S[MWXLIMRWTIGXMSRMRXIVZEPHIXIVQMRIHJSVTVIWWYVIVIPMIZMRKHIZMGIWWYGLEWVYTXYVIHMWOWERHZEGYYQFVIEOIVZEPZIW#
E ]IEVWQE\MQYQJSVX]TMGEPTVSGIWWWIVZMGIWF ]IEVWQE\MQYQJSVGPIERRSRJSYPMRKERHRSRGSVVSWMZIWIVZMGIWG FEWIHSRWIVZMGIGSRHMXMSRWH JVIUYIRXIRSYKLXSZIVMJ]XLEXXLITVIWWYVIVIPMIZMRKHIZMGIWTIVJSVQVIPMEFP]MRXLI
TEVXMGYPEVWIVZMGIGSRHMXMSRW
;LEXSXLIVMRJSVQEXMSRGERFIHIVMZIHJVSQORS[MRKXLIGSVVSWMSRVEXISJETVIWWYVIZIWWIP#E XLIVIUYMVIHXLMGORIWWF XLI1%;4G XLIVIQEMRMRKPMJIERHMRWTIGXMSRMRXIVZEPH XLIMRWTIGXMSRQIXLSHVIUYMVIHXSWIPIGXXLIETTVSTVMEXIX]TISJ2()
;LIRQE]EWXEXMWXMGEPEREP]WMWRSXFIETTPMGEFPIJSVGSVVSWMSRVEXIERHVIQEMRMRKPMJIGEPGYPEXMSRWSJETVIWWYVIZIWWIP#
E [LIRXLITVIWWYVIZIWWIPSTIVEXIWEFSZI*F [LIRVERHSQFYXWMKRMJMGERXPSGEPM^IHGSVVSWMSRSGGYVWG [LIRXLITVIWWYVIZIWWIPSTIVEXIWEFSZIXLIGVIITVYTXYVIXIQTIVEXYVIXLVIWLSPHH [LIRXLITVIWWYVIZIWWIPSTIVEXIWFIPS[XLIXVERWMXMSRXIQTIVEXYVISJXLIWLIPPERHLIEH
QEXIVMEPW
;LIRETVIWWYVIZIWWIPMWMRGSVVSWMZIWIVZMGILS[MWXLI[EPPXLMGORIWWHIXIVQMRIHJSVGEPGYPEXMRKXLI1%;4JSVGSRXMRYIHYWI#
E WLEPPFIXLISVMKMREPVIUYMVIHXLMGORIWWQMRYWX[MGIXLIIWXMQEXIHGSVVSWMSRPSWWFIJSVIXLIHEXISJXLIRI\XMRWTIGXMSR
F WLEPPFIXLIEGXYEPXLMGORIWWEWHIXIVQMRIHF]MRWTIGXMSRQMRYWX[MGIXLIIWXMQEXIHGSVVSWMSRPSWWFIJSVIXLIHEXISJXLIRI\XMRWTIGXMSR
G WLEPPFISJXLIEGXYEPXLMGORIWWEWHIXIVQMRIHF]MRWTIGXMSRQMRYWX[MGIXLIIWXMQEXIHGSVVSWMSRPSWWFIJSVIXLIHEXISJXLIRI\XMRWTIGXMSR
H WLEPPFISJXLIEGXYEPXLMGORIWWEWHIXIVQMRIHF]MRWTIGXMSRQMRYWX[MGIXLIIWXMQEXIHGSVVSWMSRPSWWFIJSVIXLIHEXISJXLIRI\XMRWTIGXMSR
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LEXWLEPPERMRWTIGXSVHSMJMXWHIXIVQMRIHXLEXXLIEGXYEP[EPPXLMGORIWWSJERSTIVEXMRKTVIWWYVIZIWWIPMWKVIEXIVXLERXLIXLMGORIWWVITSVXIHMRXLIQEXIVMEPXIWXVITSVXSVXLIQERYJEGXYVIVvWHEXEVITSVX#
E XLIMRWTIGXSVWLEPPRSXMJ]XLIIRKMRIIVF MXQYWXFIGSRJMVQIHF]QYPXMTPIXLMGORIWWQIEWYVIQIRXWXEOIREXEVIEW[LIVIXLI
XLMGORIWWSJXLIGSQTSRIRXMRUYIWXMSR[EWQSWXPMOIP]EJJIGXIHF]XLIXLMRRMRKHYIXSJSVQMRK
G XLIMRWTIGXSVWLEPPRSXMJ]XLIGSVVSWMSRWTIGMEPMWXH XLIMRWTIGXSVWLEPPGSRXEGXXLIQERYJEGXYVIXSGSRJMVQXLIGSVVIGXQEXIVMEPXIWXVITSVXSV
XLIQERYJEGXYVIVvWHEXEVITSVX[EWWIRX
*SVEGSVVSHIHEVIESJGSRWMHIVEFPIWM^I[LEXMWXLIQE\MQYQPIRKXL[LIVIXLMGORIWWQIEWYVIQIRXWGERFIEZIVEKIHXSHIXIVQMRIXLIGSVVSWMSRVEXIJSVETVIWWYVIZIWWIP[MXLERMRWMHIHMEQIXIVSJKVIEXIVXLERMR#
E SRIXLMVHXLIZIWWIPHMEQIXIVSVMR[LMGLIZIVMWPIWWF SRILEPJXLIZIWWIPHMEQIXIVSVMR[LMGLIZIVMWPIWWG SRIXLMVHXLIZIWWIPHMEQIXIVSVMR[LMGLIZIVMWKVIEXIVH SRILEPJXLIZIWWIPHMEQIXIVSVMR[LMGLIZIVMWKVIEXIV
;LIRIZEPYEXMRKPSGEPP]XLMRRIHEVIEWJSVVIQEMRMRKPMJIGEPGYPEXMSRWEWTEVXSJEJMXRIWWJSVWIVZMGIEREP]WMWSJGSVVSHIHVIKMSRWMRETVIWWYVIZIWWIPXLIPS[IWXEZIVEKISJER]PIRKXLMRXLIGSVVSHIHEVIEMWWYFWXMXYXIHJSV[LMGLSJXLIJSPPS[MRKZEVMEFPI#
E XEGXYEPF XTVIZMSYWG XVIUYMVIHH XQMRMQYQ
;LIRIZEPYEXMRK[MHIP]WGEXXIVIHTMXWEWTEVXSJEJMXRIWWJSVWIVZMGIEREP]WMWSJGSVVSHIHVIKMSRWMRETVIWWYVIZIWWIP[LIVIRSTMXMWFIPS[XLIGSVVSWMSREPPS[ERGIERHXLIVIQEMRMRKXLMGORIWWFIPS[IEGLTMXMWKVIEXIVXLERXLIVIUYMVIHXLMGORIWWQE]XLIWITMXWFIMKRSVIH#
E ]IWWMRGIXLITMXWQIIXEPPXLIGVMXIVMEMR%4-F ]IWWMRGI[MHIP]WGEXXIVIHTMXWHSRSXRIIHXSFIGSRWMHIVIHMREJMXRIWWJSVWIVZMGI
EREP]WMWSJGSVVSHIHVIKMSRWMRETVIWWYVIZIWWIPG RSWMRGIXLITMXWHSRSXQIIXEPPXLIGVMXIVMEMR%4-H RSWMRGI[MHIP]WGEXXIVIHTMXW[MXLMRGSVVSHIHVIKMSRWMRETVIWWYVIZIWWIPQYWXFIKMZIR
EJMXRIWWJSVWIVZMGIEREP]WMWMREGGSVHERGI[MXL%4-
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LIRIZEPYEXMRK[MHIP]WGEXXIVIHTMXWEWTEVXSJEJMXRIWWJSVWIVZMGIEREP]WMWSJGSVVSHIHVIKMSRWMRETVIWWYVIZIWWIPXLIJSPPS[MRKHEXE[EWVIGSVHIHHYVMRKXLIGYVVIRXMRWTIGXMSRMRWMHIHMEQIXIVSJJXVIUYMVIHXLMGORIWWSJMRGSVVSWMSREPPS[ERGISJMRRSTMXMWKVIEXIVXLERSRILEPJXLIVIUYMVIHXLMGORIWWERHXLIXSXEPEVIESJTMXXMRKMWWEXMWJEGXSV];LEXMWXLIWYQSJXLITMXHMQIRWMSRWXLEXMWHIITIVXLERXLIGSVVSWMSREPPS[ERGI[MXLXLIJSPPS[MRKHEXEXEOIREPSRKEWXVEMKLXMRPMRIERHQE]XLIWITMXWFIMKRSVIH#
4MXMRHMEMRHIIT 4MXMRHMEMRHIIT 4MXMRHMEMRHIIT 4MXMRHMEMRHIIT 4MXMRHMEMRHIIT
E MR]IWXLITMXWQE]FIMKRSVIHWMRGIXLIWYQSJXLIHMQIRWMSRWSJTMXWHIITIVXLERXLIGSVVSWMSREPPS[ERGIMRERMRWXVEMKLXPMRIMWKVIEXIVXLERMR
F MR]IWXLITMXWQE]FIMKRSVIHWMRGIXLIWYQSJXLIHMQIRWMSRWSJTMXWHIITIVXLERXLIGSVVSWMSREPPS[ERGIMRERMRWXVEMKLXPMRIMWPIWWXLERMR
G MRRSXLITMXWQE]RSXFIMKRSVIHWMRGIXLIWYQSJXLIHMQIRWMSRWSJTMXWHIITIVXLERXLIGSVVSWMSREPPS[ERGIMRERMRWXVEMKLXPMRIMWKVIEXIVXLERMR
H MRRSXLITMXWQE]RSXFIMKRSVIHWMRGIXLIWYQSJXLIHMQIRWMSRWSJTMXWHIITIVXLERXLIGSVVSWMSREPPS[ERGIMRERMRWXVEMKLXPMRIMWPIWWXLERMR
,S[EVITVIWWYVIGSRXEMRMRKGSQTSRIRXWJSYRHXSLEZIHEQEKIXLEXGSYPHEJJIGXXLIMVPSEHGEVV]MRKGETEFMPMX]IZEPYEXIHJSVGSRXMRYIHWIVZMGI#
E VMWOFEWIHMRWTIGXMSRIZEPYEXMSRWWYGLEWMR%4-F VMWOFEWIHMRWTIGXMSRIZEPYEXMSRWWYGLEWMR%4-G JMXRIWWJSVWIVZMGIIZEPYEXMSRWWYGLEWMR%4-H JMXRIWWJSVWIVZMGIIZEPYEXMSRWWYGLEWMR%4-
%WTEVXSJTIVJSVQMRKEJMXRIWWJSVWIVZMGIIZEPYEXMSRJSVETVIWWYVIZIWWIPJSYRHXSLEZIFPMWXIVWERHPEQMREXMSRWXLEXGSYPHEJJIGXMXWPSEHGEVV]MRKGETEFMPMX][LIVIHSIWXLIMRWTIGXSVJMRHXLIRIGIWWEV]MRJSVQEXMSRXSTIVJSVQXLMWEWWIWWQIRX#
E %4-4EVXWSVEWETTPMGEFPIF %4-4EVXG %4-4EVXH %4-4EVX
%RMRWTIGXSVLEWGSQTPIXIHEXLSVSYKLIZEPYEXMSRSJERSPHIVTVIWWYVIZIWWIPXLEXLEHRSREQITPEXIERHXLISTIVEXMRKMRXIKVMX]SJXLIZIWWIP[EWETTVSTVMEXIP]ZIVMJMIHERHHSGYQIRXIH;LEXMRJSVQEXMSRMWVIUYMVIHXSFISRXLIRI[REQITPEXI#
E XLIQE\MQYQEPPS[EFPI[SVOMRKTVIWWYVIERHXIQTIVEXYVIF XLIQE\MQYQEPPS[EFPI[SVOMRKTVIWWYVIERHQMRMQYQQE\MQYQEPPS[EFPI
XIQTIVEXYVIVERKIG XLIQE\MQYQEPPS[EFPI[SVOMRKTVIWWYVIERHXIQTIVEXYVIQMRMQYQEPPS[EFPI
XIQTIVEXYVIERHHEXIH WMRGIXLISTIVEXMRKMRXIKVMX][EWWYGGIWWJYPP]ZIVMJMIHERHHSGYQIRXIHRSREQITPEXIMW
VIUYMVIH
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
%RMRWTIGXSVLEWGSQTPIXIHEXLSVSYKLIZEPYEXMSRSJERSPHIVTVIWWYVIZIWWIPXLEXLEHRSREQITPEXIERHXLISTIVEXMRKMRXIKVMX]SJXLIZIWWIP[EWETTVSTVMEXIP]ZIVMJMIHERHHSGYQIRXIH;LEXEVIXLIVIUYMVIQIRXWMJER]JSVTVIWWYVIXIWXMRK#
E WMRGIXLISTIVEXMRKMRXIKVMX][EWWYGGIWWJYPP]ZIVMJMIHERHHSGYQIRXIHTVIWWYVIXIWXMRKMWRSXVIUYMVIH
F TIVJSVQXLITVIWWYVIXIWXEWWSSREWTVEGXMGEPEWVIUYMVIHF]GSHISJGSRWXVYGXMSRYWIHJSVHIWMKRGEPGYPEXMSRW
G TIVJSVQXLITVIWWYVIXIWXEXXLIRI\XMRWTIGXMSRMRXIVZEPEXETVIWWYVIWTIGMJMIHF]XLIMRWTIGXSV
H TIVJSVQXLITVIWWYVIXIWXEXXLIRI\XMRWTIGXMSRMRXIVZEPEXETVIWWYVIERHLSPHMRKXMQIWTIGMJMIHF]XLIMRWTIGXSV
;LSMWVIWTSRWMFPIJSVXLIEYXLSVM^EXMSRSJEPXIVEXMSRWERHVITEMVWXSTVIWWYVIZIWWIPWXLEXGSQTP][MXL%71)7IGXMSR:---(MZ#
E XLIIRKMRIIVF XLIMRWTIGXSVG XLIVITEMVSVKERM^EXMSRH XLIMRWTIGXSVERHIRKMRIIV
;LSQE]KMZITVMSVKIRIVEPEYXLSVM^EXMSRJSVEVITEMVSJTMXXMRKSREZIWWIPYWMRK[IPHSZIVPE]XLEXHSIWRSXVIUYMVITSWX[IPHLIEXXVIEXQIRX#
E XLIIRKMRIIVTVSZMHIHXLI]EVIWEXMWJMIH[MXLXLIGSQTIXIRG]SJXLIVITEMVSVKERM^EXMSRF XLIMRWTIGXSVTVSZMHIHXLI]EVIWEXMWJMIH[MXLXLIGSQTIXIRG]SJXLIVITEMVSVKERM^EXMSRG XLIMRWTIGXSVMRGSRWYPXEXMSR[MXLXLIIRKMRIIVTVSZMHIHXLI]EVIWEXMWJMIH[MXLXLI
GSQTIXIRG]SJXLIVITEMVSVKERM^EXMSRH XLIMRWTIGXSVMRGSRWYPXEXMSR[MXLXLIGSVVSWMSRWTIGMEPMWXTVSZMHIHXLI]EVIWEXMWJMIH
[MXLXLIGSQTIXIRG]SJXLIVITEMVSVKERM^EXMSR
;LEXGVMXIVMEWLEPPXLIMRWTIGXSVYWI[LIRETTVSZMRKEPPWTIGMJMIHVITEMVERHEPXIVEXMSR[SVOJSVETVIWWYVIZIWWIPEXHIWMKREXIHLSPHTSMRXWERHEJXIVGSQTPIXMSRSJXLI[SVO#
E MREGGSVHERGI[MXLXLIVITEMVTPERF MREGGSVHERGI[MXLXLIMRWTIGXMSRTPERG MREGGSVHERGI[MXLXLIUYEPMX]GSRXVSPQERYEPH MREGGSVHERGI[MXL%71)7IG:---(MZ
;LIRERI[RS^^PIMWMRWXEPPIHMRXSERI\MWXMRKTVIWWYVIZIWWIP[LEXHIWMKRVIUYMVIQIRXWQYWXFIQIX#
E QYWXQIIXXLIHIWMKRVIUYMVIQIRXWSJXLIETTPMGEFPIGSRWXVYGXMSRGSHIF QYWXQIIXXLIHIWMKRVIUYMVIQIRXWSJ%71)7IG:---(MZG WLEPPQIIXXLIVIUYMVIQIRXWMR%4-H WLEPPQIIXXLIHIWMKRVIUYMVIQIRXWEW[VMXXIRF]XLIIRKMRIIV
,S[EVITVIWWYVIZIWWIPVITEMVXIGLRMUYIWGPEWWMJMIHMREGGSVHERGI[MXL%4-#E GSHIVITEMVWF GSHISVNYVMWHMGXMSREPVITEMVWG TIVQERIRXSVXIQTSVEV]VITEMVWH TVIWWYVIERHWXVYGXYVEPVITEMVW
-
'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LEXMWVIUYMVIHJSVXIQTSVEV]VITEMVWXSVIQEMRMRTPEGIJSVEPSRKIVTIVMSHSJXMQITEWXXLIRI\XEZEMPEFPIQEMRXIRERGISTTSVXYRMX]#
E SRP]MJIZEPYEXIHETTVSZIHERHHSGYQIRXIHF]XLIMRWTIGXSVF SRP]MJIZEPYEXIHETTVSZIHERHHSGYQIRXIHF]XLIIRKMRIIVERHMRWTIGXSVG SRP]MJETTVSZIHF]XLIMRWTIGXSVH SRP]MJETTVSZIHF]XLIIRKMRIIV
;LIRXIQTSVEV]VITEMVWVIQEMRMRTPEGIJSVEPSRKIVTIVMSHSJXMQITEWXXLIRI\XEZEMPEFPIQEMRXIRERGISTTSVXYRMX][LIVIMWXLIGVMXIVMEHSGYQIRXIHXLEXMWYWIHXSQSRMXSVXLIMRXIKVMX]SJXLIXIQTSVEV]VITEMVYRXMPETIVQERIRXVITEMVMWGSQTPIXI#
E MRXLIVITEMVTPERF MRXLIMRWTIGXMSRTPERWG MRXLIUYEPMX]GSRXVSPQERYEPH MR%71)7IG:---(MZ
;LSMWVIWTSRWMFPIJSVETTVSZMRKXIQTSVEV]VITEMVWXSETVIWWYVIZIWWIPYWMRKJMPPIX[IPHIHTEXGLIW#
E ERMRWTIGXSVF ERIRKMRIIVG ERMRWTIGXSVERHIRKMRIIVH ERMRWTIGXSVERHGSVVSWMSRWTIGMEPMWX
;LEXMWXLIQMRMQYQVEHMYWVIUYMVIHJSVXLIGSVRIVWSRJMPPIX[IPHIHTEXGLTPEXIW#E MRF MRG H
;LMGLSJXLIJSPPS[MRKMWRSXETIVQERIRXTVIWWYVIZIWWIPVITEMV#E MRWIVXTEXGLF I\GEZEXMRKEHIJIGXERHVITEMV[IPHMRKSJXLII\GEZEXMSRG RSRTIRIXVEXMRKRS^^PIWJSVGVEGOVITEMVWH [IPHSZIVPE]SJGSVVSHIHEVIE
;LMGLSJXLIJSPPS[MRKMWRSXEXIQTSVEV]VITEMV#E JMPPIX[IPHIHTEXGLF MRWIVXTEXGLG JYPPIRGMVGPIQIRXPETFERHH RSRISJXLIEFSZI
;LIRI\GEZEXMRKEHIJIGXERHVITEMV[IPHMRKSJXLII\GEZEXMSRSRETVIWWYVIZIWWIPWLIPP[LEXX]TISJVITEMVLEWFIIRQEHI#
E ETIVQERIRXVITEMVF EXIQTSVEV]VITEMVG EGSHIVITEMVH ENYVMWHMGXMSREPVITEMV
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'SHIWERH7XERHEVHW8VEMRMRK-RWXMXYXI'%78-
;LEXX]TISJVITEMVMWE[IPHSZIVPE]SJGSVVSHIHEVIEMRETVIWWYVIZIWWIP#E ETIVQERIRXVITEMVF EXIQTSVEV]VITEMVG EGSHIVITEMVH ENYVMWHMGXMSREPVITEMV
;LIRYWMRKERMRWIVXTEXGLXSTIVQERIRXP]VITEMVEGSVVSWMSRVIKMSRMRETVIWWYVIZIWWIP[LEXX]TISJ2()MWVIUYMVIH#
E VEHMSKVETL]F VEHMSKVETL]SVYPXVEWSRMGI\EQMREXMSRG VEHMSKVETL]SVYPXVEWSRMGI\EQMREXMSRMJXLI2()98TVSGIHYVIWEVIETTVSZIHF]XLI
MRWTIGXSVH 68981=SV08QE]FIYWIHTVSZMHIHXLI2()TVSGIHYVIWEVIETTVSZIHF]XLI
MRWTIGXSV
;LIRYWMRKERMRWIVXTEXGLXSTIVQERIRXP]VITEMVEGSVVSWMSRVIKMSRMRETVIWWYVIZIWWIP[LSMWVIWTSRWMFPIJSVVIZMI[MRKXLI[IPHTVS\MQMX]XSI\MWXMRK[IPHW#
E XLIMRWTIGXSVF XLIIRKMRIIVG XLIMRWTIGXSVERHIRKMRIIVH XLIMRWTIGXSVMRGSRWYPXEXMSR[MXLXLIIRKMRIIV
-JEJMPPIVQIXEPMWYWIHJSVE[IPHSZIVPE]SJEGSVVSHIHVIKMSRMRETVIWWYVIZIWWIPXLEXLEWE1787PS[IVXLERXLI1787SJXLIFEWIQIXEP[LEXMWXLIVIUYMVIQIRXJSVXLIMRGVIEWIHXLMGORIWWXETIV#
E XSF XSG H
;LEXMWXLIQMRMQYQVIUYMVIHXLMGORIWWSJETVIWWYVIZIWWIPVITEMV[IPHMJXLIHITXLSJFEWIQIXEPPSWXF]GSVVSWMSRERH[IPHTVITEVEXMSRMWMRMR%71)7%8]TI%'POWM1787LEWEGSVVSHIHVIKMSRXLEX[MPPFIVITEMVIHF][IPHSZIVPE]MRKYWMRKER%71)7*%'PEWWMJMGEXMSR)%OWM1787#
E MRF MRG MRH MR
;LIRERIRKMRIIVMWHIZIPSTMRKEVITEMVTPERJSVGPEHSV[IPHSZIVPE]TVIWWYVIZIWWIPWXLEXSTIVEXIMRL]HVSKIRWIVZMGIEXIPIZEXIHXIQTIVEXYVIW[LMGLSJXLIJSPPS[MRKJEGXSVWQYWXFIGSRWMHIVIH#
E SYXKEWWMRKFEWIQIXEPF LEVHIRMRKSJFEWIQIXEPHYIXS[IPHMRKKVMRHMRKSVEVGKSYKMRKG TVILIEXMRXIVTEWWXIQTIVEXYVIGSRXVSPERH4;,8H EPPSJXLIEFSZI
-
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E XLIVITEMVWLEPPFIMRWTIGXIHF]:8F XLIVITEMVWLEPPFIMRWTIGXIHF]48G XLIVITEMVWLEPPFIMRWTIGXIHF]XLI98H XLIVITEMVWLEPPFIMRWTIGXIHF]VEHMSKVETL]SV98MJETTVSZIHF]XLIMRWTIGXSV
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E XLIMRWTIGXSVF XLISVMKMREPQERYJEGXYVIVG XLIVITEMVSVKERM^EXMSRH XLINYVMWHMGXMSR
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E %4-F %4-G %4-H %4-
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E XLIMRWTIGXSVF XLISVMKMREPQERYJEGXYVIVG XLIVITEMVSVKERM^EXMSRH XLINYVMWHMGXMSR
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E ERMRWTIGXSVF ERIRKMRIIVG ERIRKMRIIVI\TIVMIRGIHMRXLIETTVSTVMEXIIRKMRIIVMRKWTIGMEPXMIWH ERMRWTIGXSVMRGSRWYPXEXMSR[MXLEGSVVSWMSRWTIGMEPMWX
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E EQIXEPPYVKMGEPVIZMI[WLEPPFIGSRHYGXIHF ERI[[IPHMRKTVSGIHYVIWLEPPFIUYEPMJMIHG ETTVSZEPMWVIUYMVIHF]ERMRWTIGXSVH ETTVSZEPMWVIUYMVIHF]ERMRWTIGXSVMRGSRWYPXEXMSR[MXLXLIGSVVSWMSRWTIGMEPMWX
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E *F *G *H *
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E %71)7%+VEHI&RSVQEPM^IHRSXGLXSYKLRIWWXIWXIHF %71)7%+VEHI%WXVIWWVIPMIZIHRSXGLXSYKLRIWWXIWXIHG %71)7%+VEHIEWVSPPIHGSRHMXMSRH %71)7%+VEHIRSVQEPM^IHRSXGLXSYKLRIWWXIWXIH
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E EUYEPMJMIH[IPHTVSGIHYVIWTIGMJMGEXMSRF E[IPHTVSGIHYVIWTIGMJMGEXMSRHIZIPSTIHERHUYEPMJMIHJSVIEGLETTPMGEXMSRG E[IPHTVSGIHYVIWTIGMJMGEXMSRUYEPMJMIHXS%71)7IG-
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E MXWLEPPFIVIQSZIHWYFWXERXMEPP]JPYWL[MXLXLIWYVJEGISJXLIFEWIQEXIVMEPF MXWLEPPFIKVSYRHXSEQMRMQYQSJEMRVEHMYWG WLEPPFIKVSYRHXSLEZIEXETIVH WLEPPFIXSLEZIEXETIV
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E MRF MRG MRXSYRPMQMXIHH MRXSYRPMQMXIH
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E 98F 18G 48H XLIETTVSTVMEXI2()XIGLRMUYIWTIGMJMIHMRXLIVITEMVWTIGMJMGEXMSR
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E XLIMRWTIGXSVF XLIIRKMRIIVG XLIIRKMRIIVERHMRWTIGXSVH XLIMRWTIGXSVMRGSRWYPXEXMSR[MXLXLI2()I\EQMRIV
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E XLIQERYJEGXYVIVIRKMRIIVF XLIVITEMVSVKERM^EXMSRIRKMRIIVG XLIMRWTIGXSVH IMXLIVXLIQERYJEGXYVIVSVERS[RIVYWIVIRKMRIIV
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E XLMGORIWWHEXESFXEMRIHJVSQEVIGIRXMRXIVREPSVSRWXVIEQMRWTIGXMSRF XLMGORIWWHEXESFXEMRIHJVSQEVIGIRXMRXIVREPG XLMGORIWWHEXESFXEMRIHJVSQEVIGIRXSRWXVIEQMRWTIGXMSRH XLIWIPIGXIHHEXEQE]FIEXXLIHMWGVIXMSRSJXLIMRWTIGXSV
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